ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of Singapore Market Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI.
3. 13 Period +DI crosses under -DI.
4. Volume trade > 100,000 shares

One important thing to note is I am using freely available stock price information for computing the ADX indicator. The price information is not adjusted for stock dividends and split.

Links
Singapore RSI Scanner
Singapore MACD Scanner
Singapore Trend Analysis
Singapore Trading System

Saturday, February 11, 2012

Scan 9 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EXCELPOINT TECHNOLOGY LTDLong2/9/20120.075148900020.576221
MACARTHURCOOK PROP SEC FUNDLong2/9/20120.10915100047.155434
PAN HONG PROPERTY GROUP LTDLong2/9/20120.29512300039.164333
RICKMERS MARITIMELong2/9/20120.3267100022.253327
SINOPIPE HOLDINGS LIMITEDLong2/9/20120.16469600046.344431
ASIA ENTERPRISES HOLDING LTDShort2/9/20120.23513000029.613763
BIOSENSORS INT'L GROUP LTD.Short2/9/20121.551639500041.482629
FORTUNE REAL ESTATE INV TRUSTShort2/9/20123.8830400029.292527
FRASER AND NEAVE LIMITEDShort2/9/20126.43337600022.62123
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